Anchor Capital Advisors LLC Cuts Stock Position in iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF)

Anchor Capital Advisors LLC lessened its holdings in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) by 17.5% during the 4th quarter, Holdings Channel reports. The firm owned 64,679 shares of the exchange traded fund’s stock after selling 13,678 shares during the period. Anchor Capital Advisors LLC’s holdings in iShares 7-10 Year Treasury Bond ETF were worth $5,980,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. US Bancorp DE boosted its position in iShares 7-10 Year Treasury Bond ETF by 9.1% in the 3rd quarter. US Bancorp DE now owns 141,965 shares of the exchange traded fund’s stock valued at $13,930,000 after buying an additional 11,870 shares during the period. Principal Securities Inc. raised its stake in shares of iShares 7-10 Year Treasury Bond ETF by 16.7% in the third quarter. Principal Securities Inc. now owns 43,808 shares of the exchange traded fund’s stock valued at $4,298,000 after acquiring an additional 6,261 shares in the last quarter. Focus Financial Network Inc. boosted its holdings in iShares 7-10 Year Treasury Bond ETF by 2.0% in the third quarter. Focus Financial Network Inc. now owns 282,530 shares of the exchange traded fund’s stock valued at $27,722,000 after purchasing an additional 5,491 shares during the period. Creative Financial Designs Inc. ADV grew its stake in iShares 7-10 Year Treasury Bond ETF by 65.3% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,180 shares of the exchange traded fund’s stock worth $214,000 after purchasing an additional 861 shares in the last quarter. Finally, Gladstone Institutional Advisory LLC purchased a new stake in iShares 7-10 Year Treasury Bond ETF during the 3rd quarter worth about $466,000. Hedge funds and other institutional investors own 81.48% of the company’s stock.

iShares 7-10 Year Treasury Bond ETF Stock Performance

Shares of IEF opened at $95.32 on Friday. iShares 7-10 Year Treasury Bond ETF has a 1 year low of $91.02 and a 1 year high of $99.18. The stock has a market capitalization of $32.84 billion, a PE ratio of -21.67 and a beta of 0.05. The stock has a 50-day simple moving average of $92.75 and a 200-day simple moving average of $94.85.

iShares 7-10 Year Treasury Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, February 6th. Investors of record on Monday, February 3rd were paid a $0.2964 dividend. The ex-dividend date of this dividend was Monday, February 3rd. This is an increase from iShares 7-10 Year Treasury Bond ETF’s previous dividend of $0.29.

iShares 7-10 Year Treasury Bond ETF Company Profile

iShares 7-10 Year Treasury Bond ETF (the Fund) is an is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of the United States Treasury bonds with remaining maturities between seven and ten years. The Fund seeks to track the investment results of the Barclays U.S.